Hyundai Electric Signs Supply Contract Worth 67.6 Billion KRW for Transformers and Reactors with Saudi Electricity Company

[Asia Economy Reporter Lee Jung-yoon] Hyundai Electric announced on the 30th that it has signed a contract to supply 19 products, including 380kV transformers and reactors, to the Saudi Electricity Company.

The contract is worth 67.6 billion KRW, which corresponds to 3.74% of last year's consolidated sales. The contract period is from the day before until February 4, 2025.